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News & Insights

Insights
May 19, 2026

NEC, interpreting payment notices and negative certificates

There have been a number of cases about the validity of payment notices recently, which shows that ‘smash and grab’ adjudications are still seen as an effective way to improve cash flow. The recent decision in United Utilities Water Ltd v Northstone (NI) Ltd (t/a Farrans Construction) [2026] EWHC 1057 (TCC) considered whether the contractor was required to, and failed to issue, a pay less notice within a one day period, looking at the validity of the payment certificate and the effect of dates inserted by CEMAR. This was in the context of an amended NEC3 ECC Option C form of contract with bespoke amendments.
Insights
May 19, 2026

Section 280G Tax Considerations in M&A

If you’re considering selling your company or its assets, there’s a tax issue you need to know about: Section 280G of the Internal Revenue Code. Section 280G can have a significant impact on both the economics of a transaction and on certain service providers who may receive transaction-related compensation. Because these rules can create significant tax consequences, early analysis is critical to understanding who may be impacted and how.

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News & Insights

Insights
May 20, 2026
Preparing for UK SRS: what companies need to do now
Insights
May 20, 2026
Update on the EU Deforestation Regulation (EUDR)
News
May 19, 2026
BCLP advises the founders of the Olmix Group on its acquisition by EW GROUP
Awards
May 19, 2026
Bob Thompson named to Missouri Lawyers Media POWER List
News
May 19, 2026
Fred Bartelsmeyer and Jonathan Nesher discuss defense industry dealmaking with Law360
Insights
May 19, 2026
NEC, interpreting payment notices and negative certificates
There have been a number of cases about the validity of payment notices recently, which shows that ‘smash and grab’ adjudications are still seen as an effective way to improve cash flow. The recent decision in United Utilities Water Ltd v Northstone (NI) Ltd (t/a Farrans Construction) [2026] EWHC 1057 (TCC) considered whether the contractor was required to, and failed to issue, a pay less notice within a one day period, looking at the validity of the payment certificate and the effect of dates inserted by CEMAR. This was in the context of an amended NEC3 ECC Option C form of contract with bespoke amendments.
Insights
May 19, 2026
Risk Assessments Under the CCPA: Key Triggers, Timelines, and Compliance Steps
Insights
May 19, 2026
Section 280G Tax Considerations in M&A
If you’re considering selling your company or its assets, there’s a tax issue you need to know about: Section 280G of the Internal Revenue Code. Section 280G can have a significant impact on both the economics of a transaction and on certain service providers who may receive transaction-related compensation. Because these rules can create significant tax consequences, early analysis is critical to understanding who may be impacted and how.
News
May 18, 2026
Justin Winerman writes about Chapter 15 and nonconsensual third-party releases in Reuters and Westlaw